Environmental Impacts Of Blockchain Technology
Asslam-0-Alikum |
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In this post I'm going to share some major impacts of blockchain technology on environment and also share that how's it's impacting our environment and it's disadvantages on us.
Blockchain Technology In Environment |
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Blockchain technology is impacting worldwide and each sector in the world with providing many benefits.Because it's totally decentralized and which means it's very secure but it's not good for our environment.
With the high impacts of blockchain technology in the world with a lot of benefits it's also impacting our environment and we can't ignore it.Because good environment is very necessary for living a good life.
Blockchain technology provides it's own mechanism and process to each sector for providing help, but when we talk about processing the process and projects of blockchain technology, it gains very high value of energy.
Blockchain technology is the one of major cause of greenhouse effect.Due to its major factor, we are facing many difficulties in our environment and which can ve more dangerous in future.
How's Blockchain Technology Impacting? |
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We know that blockchain technology validate different transaction and record them in the blocks of blockchain.But this process has been done with the different high computers and they gain very high value of energy.
They used the energy and also reduce different gasses when they validate any transaction and that's not good for our environment.Use of electricity is very high in this case.
As we know, blockchain technology is connected with the cryptocurrency and when it's comes to cryptocurrency and we know that cryptocurrency has been mined and this process is also very energy consuming.
When we mine cryptocurrency, many high systems and computers get together and mine the cryptocurrency and they take very high energy and also reduce the energy in very dangerous form which is not good for our health.By these major ways blockchain technology is impacting our environment.
It's Disadvantages |
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First disadvantage of blockchain technology on environment is that the blockchain technology is very energy consuming process.
Second disadvantage of blockchain technology on environment is that when it come to store the data of transportations, it takes very high value of electricity.
When the blockchain technology used to validate transactions and used to mine cryptocurrency, it reduce different rawa material and expand it to environment which is not good.
Another major disadvantage of blockchain technology on environment is that it's leading us to own infrastructure and reducing the demand of other products.
Conclusion |
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In this post I have explained about some impacts of blockchain technology on environment.I have explained that blockchain technology is not good for our environment, because its very harmful for our health.Blockchain has also many disadvantages for our health.
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